Shaded band: the middle 68% of outcomes. Where the blue curve sits above the dashed one, options price that move as likelier than a plain bell curve would.
TGT
Target Price
PCTL
Percentiles
Chance below
Price
vs spot
5%
71.63
−21.9%
16%
79.03
−13.9%
25%
83.81
−8.7%
50% (median)
91.79
+0.0%
75%
99.53
+8.4%
84%
103.56
+12.8%
95%
114.13
+24.4%
MOVE
Move Odds
Up 5% or more (96.36)
34%
Up 10% or more (100.95)
21%
Down 5% or more (87.19)
34%
Down 10% or more (82.60)
22%
Options price a 10%+ drop at 22%, 1.0× the 22% a bell curve with the same volatility gives.
Risk-neutral odds from option prices, the bot's lgf odds method: out-of-the-money mids → implied vols → a smoothed smile in total variance → density = erT·∂²C/∂K² (Breeden–Litzenberger). Risk-neutral odds include the market's risk premium, so they lean bearish compared with real-world odds. Not investment advice.